You can skew things however you want. At the end of the day, a lot of the way the contract is set up is how every other quarterback’s contract is set up.

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Colin Kaepernick

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Editor's note: Matt Maiocco is in Santa Clara Tuesday through Thursday for the 49ers’ three-day minicamp. Stay logged on to CSNBayArea.com and tune in nightly to SportsNet Central and Yahoo SportsTalk Live for comprehensive coverage.

SANTA CLARA – Quarterback Colin Kaepernick got everything out of his recent contract extension that he wanted, he said Thursday upon the conclusion of the 49ers’ mandatory minicamp.

Kaepernick received approximately $13 million fully guaranteed on an extension through the 2020 season that is scheduled to pay him $115 million. The structure of the deal has been described as a pay-as-you-go deal that benefits the 49ers.

“You can skew things however you want,” Kaepernick said. “At the end of the day, a lot of the way the contract is set up is how every other quarterback’s contract is set up. And the things that aren’t set up like those contracts are because we wanted them that way so we can sign other players.

The 49ers had two players -- tight end Vernon Davis and guard Alex Boone -- hold out from the minicamp due to contract disputes. Also, wide receiver Michael Crabtree and guard Mike Iupati, who enter the final year of their contracts, are expected to fetch big-money deals as free agents.

When asked if it’s fair to say that Kaepernick is betting on himself with the structure of his contract, he said, “If that’s you want to call it, yes.”